Extrusion Twin Screw Barrel,Barrel Screw For Extruder,Twin Screw Injection Molding,Twin Screw Extruder Barrel Ningbo Jinyi Precision Machinery Co., Ltd. , https://www.jinyi-machinery.com
VW announced on September 15 that VW Brazil will invest R$ 1 billion (about US$ 557 million) in the next four years to double the capacity of Brazilian heavy trucks and buses.
Roberto Cortes, president of Volkswagen Brazil, announced the above news when the new logistics center in Resende, Brazil opened. He said that this capacity expansion was mainly due to the booming Brazilian economy. In addition to opening a new logistics center, the VW plant also plans to increase the third shift, which will create 1,300 new jobs. The factory capacity will also increase from about 200 per day to 300.
Cortes also said that 2/3 of Volkswagen's investment will be used for the development of new products. In addition, Stephan Schaller, President of Volkswagen Commercial Vehicles Worldwide, participated in the opening ceremony of Volkswagen’s new logistics center and revealed that by 2018, the production capacity of mass commercial vehicles will reach 800,000. Volkswagen’s production target for this year is 500,000.
From January to August 2008, the sales volume of the Brazilian heavy truck market increased by 29.4% year-on-year, and passenger car sales rose by 17.1%. At the same time, truck output in Brazil rose by 26.7% to 111,300, and passenger car production rose by 17.6% to 31,700. VW's sales of commercial vehicles in Brazil (including imports) rose by 36.8% in the first eight months of the year, second only to the Mercedes-Benz brand.
560 million U.S. VW Brazilian commercial vehicle capacity to double